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This question belongs to General Knowledge Indian Economy

Indian Economy

?

Paper currency first started in India in

A) 1861 B) 1542 C) 1601 D) 1880

Answer & Solution

Correct Answer: Option A

The Paper Currency Act of 1861 gave the Government the monopoly of note issued throughout the vast expanse of British India.

Question posted by Examveda

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4 Comments

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Arun Kumar 8 years ago

When was paper currency first started in India.?
1)1542. 2)1611.
3)1705. 4)1801.

Arindam Das 9 years ago

1861 lord canning started it.

Mir Shahid 10 years ago

can anyone give the Most appropriate answer of the above question

Mir Shahid 10 years ago

Confused in 1542 and 1861

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